JREC.L vs. JEPI.L
JREC.L (JPM China A Research Enhanced Index Equity Active UCITS ETF USD (Acc)) and JEPI.L (JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist)) are both exchange-traded funds - JREC.L is a China Equities fund actively managed by JPMorgan, while JEPI.L is a Derivative Income fund actively managed by JPMorgan. Both are actively managed. Over the past year, JREC.L returned 25.34% vs 8.59% for JEPI.L. At a 0.28 correlation, their price movements are largely independent. JREC.L charges 0.40%/yr vs 0.35%/yr for JEPI.L.
Performance
JREC.L vs. JEPI.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JREC.L achieves a 3.55% return, which is significantly higher than JEPI.L's 3.17% return.
JREC.L
- 1D
- -3.42%
- 1M
- -7.89%
- 6M
- 0.63%
- YTD
- 3.55%
- 1Y
- 25.34%
- 3Y*
- 9.63%
- 5Y*
- —
- 10Y*
- —
JEPI.L
- 1D
- 0.00%
- 1M
- 1.21%
- 6M
- 1.43%
- YTD
- 3.17%
- 1Y
- 8.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JREC.L vs. JEPI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JREC.L JPM China A Research Enhanced Index Equity Active UCITS ETF USD (Acc) | 3.55% | 28.38% | -4.26% |
JEPI.L JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) | 3.17% | 8.11% | -0.36% |
Correlation
The correlation between JREC.L and JEPI.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024 | 0.28 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JREC.L vs. JEPI.L — Risk / Return Rank
JREC.L
JEPI.L
JREC.L vs. JEPI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM China A Research Enhanced Index Equity Active UCITS ETF USD (Acc) (JREC.L) and JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) (JEPI.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JREC.L | JEPI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.19 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 1.37 | +1.04 |
| Martin ratioReturn relative to average drawdown | 8.89 | 3.67 | +5.22 |
Loading charts...
Drawdowns
JREC.L vs. JEPI.L - Drawdown Comparison
The maximum JREC.L drawdown since its inception was -37.92%, which is greater than JEPI.L's maximum drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for JREC.L and JEPI.L.
Loading charts...
Drawdown Indicators
| JREC.L | JEPI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.92% | -14.36% | -23.56% |
Max Drawdown (1Y)Largest decline over 1 year | -10.46% | -6.29% | -4.17% |
Max Drawdown (3Y)Largest decline over 3 years | -27.06% | — | — |
Current DrawdownCurrent decline from peak | -10.46% | -1.61% | -8.85% |
Average DrawdownAverage peak-to-trough decline | -18.92% | -2.47% | -16.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.34% | +0.50% |
Volatility
JREC.L vs. JEPI.L - Volatility Comparison
JPM China A Research Enhanced Index Equity Active UCITS ETF USD (Acc) (JREC.L) has a higher volatility of 9.60% compared to JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) (JEPI.L) at 2.34%. This indicates that JREC.L's price experiences larger fluctuations and is considered to be riskier than JEPI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JREC.L | JEPI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.60% | 2.34% | +7.26% |
Volatility (6M)Calculated over the trailing 6-month period | 15.19% | 6.65% | +8.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.20% | 8.41% | +10.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.08% | 11.63% | +11.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 11.63% | +11.45% |
JREC.L vs. JEPI.L - Expense Ratio Comparison
JREC.L has a 0.40% expense ratio, which is higher than JEPI.L's 0.35% expense ratio.
Dividends
JREC.L vs. JEPI.L - Dividend Comparison
JREC.L has not paid dividends to shareholders, while JEPI.L's dividend yield for the trailing twelve months is around 7.67%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JEPI.L JPMorgan US Equity Premium Income Active UCITS ETF USD (Dist) | 7.67% | 7.08% | 0.62% |
JREC.L JPM China A Research Enhanced Index Equity Active UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JREC.L and JEPI.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEPI.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEPI.L is cheaper with a 0.35% expense ratio, compared with 0.40% for JREC.L.
JREC.L is categorized as China Equities, while JEPI.L is Derivative Income. Their fees differ too: 0.40% for JREC.L and 0.35% for JEPI.L.
Find the right allocation for JREC.L and JEPI.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer